Elmerf123456: Wow wow wow wow!Article Link
SassyD: elmer.. WOW is right... Article Translated
Alexeliz: Elmer/ sassy.... now that's some amazing news!!! So nice to see it in print
Tishwash: very promising article I hope it's true
A source in the central bank said yesterday that the recent lifting of the price of the Iraqi dinar against the US dollar to coincide with the victories of our security forces and is moving towards liberalization City Almousel.oukal source in a press statement singled out by all the news that the central bank decided to raise the value of the Iraqi dinar against the US dollar by financial mechanisms fall in its policies for indicating that these mechanisms are subject to the principle of supply and demand in the domestic market. The source , who preferred not to be named , said the Iraqi dinar will see over the next few days , a significant rise in price against the US dollar.
Elmerf123456: Maybe this is it. God I hope. It's def a legit article from Iraq.
Everyone don't get on the roller coaster but this looks really, really good stay grounded...as always Time will tell but since it came from an Iraqi article it sounds very promising… Iraqi paper verified!
Elmerf123456: Things are popping and my phone is blowing up.
Beckardo: Maybe mid week? "Iraqi dinar will see over the next few days , a significant rise in price against the US dollar."
Elmerf123456: Looks good but let's remain calm. The fact that the piece originated from Iraq gives me a whole different perspective and my eyes are wide open now
Elmerf123456: More good news.....Iraqi Christian volunteers with Shia led Hashd forces liberate their villages near #Mosul and prepare to return to their homes #Iraq
Walkingstick: FWIW (for What It’s Worth) : SNIPPETS
Zimbabwe would also receive an $896 million loan from an unnamed country to pay off arrears to the World Bank.
In addition, the African Export-Import Bank would provide $601 million for Harare to clear arrears to the African Development Bank (AfDB).
Zimbabwe would then receive the same amount as a grant from the AfDB, Mangudya said.
The Southern African country's foreign debt stands at $8.3 billion, of which $1.8 billion is arrears.
The government had issued $250 million in treasury bills to raise money for its operations in 2015,
central bank also issued $1 billion in bills last year to creditors of the bank, which owes $1.35 billion.
Cole: Not sure if you found what our Samson posted... here's a link... impressive Zimbabwe… looks like your reforms are going nicely... after being grabbed by the ear I'm sure! IMO JUNIOR!!!!!!! Lol
Walkingstick: Government bonds and safe way to save
BAGHDAD / Imad emirate
is a financial reform imperative to resettle capital and attracting private investment, especially investment indirect, such as stocks and bonds, and require the reform process in this aspect a number of basic steps, including the development of the stock market in Iraq to their importance in activating the role of the private sector in the process ofdevelopment.
academic Dr. Emad Mohammed al - Ani said: «market Securities important role in thenational economy, as it is not a market only stock trading but have dimensions more than that , and this is what is referred international experience».
interest rates and said al - Ani , in an interview with «morning »that the stock market (bonds) represent a wide range of work monetary policy to influence the overall financial and monetary variables, particularly on interest rates and the price of the local currency exchange rates of inflation, as it gives ample space to implement more efficient and effective monetary policy by the Central Bank of Iraq operations.
He noted that the government bond market while providing the opportunity for monetary authorities to achieve many of the relevant functions of the activities of these authorities ,benefits, and most important of these benefits and advantages that the presence of themarkets helps to shift towards the use of indirect instruments of monetary policy management and, in particular , open market operations .
it is noted that in Iraq there are no active and influential bond market economically, and this made economic voices resound to find a solid bond market in Iraq.
Ani between these markets exert an important role in providing liquidity of the money market (short - term instruments), which is of great importance in efficient implementation of monetary policy, especially in light of what is represented by trend yield on government bonds as a source of information about market expectations on interest rates and rates of future inflation.
He stressed that this will reflect positively on the financial structure of the system as it integrates the role of the banking sector and stock markets, pointing out that theSecurities government, and in all its forms, represents an important means and Chairperson of the means of saving and transmission of savings in the economy, among the various sectors , both for the adoption of a safe way to invest , or as an indicator ofhelp in the adoption of investment decisions intact.
He noted Ani that the development of government bonds the same markets as contained in the reforms , legislative and institutional requirements and improve the infrastructure of the financial sector that serves all parties and dealers in the financial sector.
and stressed the importance of addressing the financial and administrative corruption as a fundamental requirement in order to find the financial policy place in the application, and to tackle corruption must adopt a comprehensive strategy of economic, financial and administrative reform begin to desire the senior leadership of reform and pass institutional formation and ends with the full powers of the anti - corruption body with attribution to activate the participation of civil society, the press and body control, accounting and eliminate organizations.
He concluded Ani to say that characterized the financial sector transparency and clarity, as is transparency in government financial activity is essential for the integrity of thefinancial position and credit her good judgment and administration of comprehensive financial and integrity, as well as the fiscal transparency is a prerequisite for the safety ofeconomic and fiscal policy, dissemination and document the general budget , which is displayed clearly in a timely manner makes it easier for investors and the public evaluation of government guidelines and therefore impose discipline hard to government operations